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You can negotiate for a better lease

When you're ready to lease a property for your business, it can be an exciting time. However, you'll want to make sure you're getting as much as you can for the money you're spending. Your attorney can help you with the negotiations, which is something you should always consider doing, especially if you think you can bring down the cost of a lease or have extras thrown in to help you along.

Here's a good reason to negotiate. If you're a business looking to open in an empty business park, you're one of few who will enter the area. Pedestrian traffic and footfall may not be high, either. Because you're essentially starting from scratch and are willing to move into an area where other businesses have not, you may be able to negotiate down the price of your lease or get other allowances at the property.

There are a few parts of a lease you can negotiate. The length of the lease and cost of the lease are the two parts more likely to be negotiated. You may also have the chance to negotiate for special accommodations, like having the landlord pay electricity or for other utilities.

Negotiating can be hard work when you're also preparing to open a business, get funding, and bring in staff. Our website has more information on commercial real estate and how you can negotiate your lease with the help of your attorney. With the right information and balance, you can get into a good leasing agreement that will benefit you and your business overall.

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